Were you able purchase a property in the area.

RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.

After reading the letter I received from the town we determined that according to their criteria I did not in fact need the permit.

Fourth, we wouldn’t need to take on debt to make the purchase and we’re comfortable with the costs and management of the place given our history with it.If we buy out the relatives, we would likely pay around $295,000, which we have available now.

I helping many clients use their VA loan to purchase properties in IB.

Quote from @Michael Wu: Most investors would be fine with a really nice spreadsheet purchased on etsy for under $10.

Purchase investors in or approaching executed agreement should check in with their mortgage professional for a quick updated quote, refinance rates particularly on expiring Jumbo & Super Jumbo mortgages could soon become more enticing. 

But, you can't determine quality by simply what they charge.....as there are plenty of terrible agents who also charge a lot.You'll need to determine what value they bring to you personally and do a cost benefit analysis of whether the cost is worth it to you or not.

Hi @Rachel Payton, The house you are looking at purchasing, does it have a separate space set aside solely for the business or is it a "single family" type home that will just serve as a home office? 

Good chance you'll be like Michael Chang and make enough to purchase a substantial amount of real estate through the rental arbitrage method!